Question: QUESTION 1 How much should you pay for a $1,000 bond with 7% coupon, annual payments, and 9 years to maturity if the interest rate

 QUESTION 1 How much should you pay for a $1,000 bond

QUESTION 1 How much should you pay for a $1,000 bond with 7% coupon, annual payments, and 9 years to maturity if the interest rate is 6%7 QUESTION 2 How much should you pay for a $1,000 zero-coupon bond with 5 years to maturity if the interest rate is 5%? QUESTION 3 What is the rate of return for an investor who pays $949 for a 3-year bond with an annual coupon payment of 8% and sells the bond 1 year later for $828? State the answer in percentages

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